Rebuild Your Credit. Interest rates start from 9.3% APR. Instant Online Decision using 'soft' credit searches. Representative Example: If you borrow £3,000 over 3 years at a rate of 41.0% per annum (fixed) you will repay £146.09 per month & £5,259.11 in total.

Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application. Fixed monthly repayments. Instant Online Decision. Representative Example: The Representative APR is 99.9% - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Representative Example: The Representative APR is 48.50% - Based on an assumed loan amount of £3,000 over 12 months at an interest rate of 48.50% p.a. (fixed) you would pay £670.83 a month and £3,670.83 in total.

UK Credit is a specialist no fee guarantor loan provider. All bad credit considered. Please only apply if you have a TENANT AS YOUR GUARANTOR. This type of loan is good for consolidating more expensive credit.

Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application

Fixed monthly repayments

Instant Online Decision

Must be aged 18

Must be UK resident

Representative Example: The Representative APR is 99.9% - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Bad Credit Loan Companies

If you have an adverse credit history, having damaged it with late payments, CCJs or by getting into arrears, then you could still get a competitive loan from the range of bad credit loan companies that will offer credit but based on your personal circumstances and your credit rating.. There is a growing number of specialist bad credit loan companies as a result of the rising demand for competitive loans for people with a existing bad credit history.

Benefits of bad credit loan companies:

They could offer better rates than mainstream providers

People with bad credit can still borrow

Bad credit borrowers can rebuild their credit score

Some people with bad credit simply would not be able to get a loan if there were no companies that specialised in lending to them, or they would be forced to borrow at a much higher rate of interest from a high street loan provider. The rates you are offered will depend on a number of factors, such as how much you need to borrow, over what period of time, and whether or not you are a homeowner. Bad credit secured loans may provide a better option - depending on your circumstances - than bad credit unsecured loans because the lender's risk of the borrower defaulting on repayments is reduced. Lenders will also consider much higher sums on homeowner loans because they know they have a security over your property. If you are a homeowner with an adverse credit history you must consider the fact that although securing a loan against your property will mean lower rates, if you do fall into arrears you could lose your home.

Drawbacks of using bad credit loan companies:

They can charge a lot more than if you had good credit

It can take longer to repay the loan because of higher interest

You can damage your credit rating further if you default

How to find the best deals from bad credit loan companies:

Decide how much you need to borrow

Only borrow as much as you need

Compare interest rates

To find the best deals available to you from a range of leading bad credit loan companies see a selection of loan deals in the table above.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.